TSLA - Decarbonization Plus Acquisition Corporation III Swings For The Fences With Unproven EV Battery SPAC Merger
- Decarbonization Plus Acquisition Corporation III (DCRC) will merge with Solid Play, creating a pioneering solid-state battery outfit.
- The company pins its hopes on widespread adoption of the solid-state battery format over current lithium-ion technology.
- The format has numerous advantages - safety, improved production output and scalability.
- A wager on whether a new format of EV battery technology will be embraced by OEMs looking to bring battery cell manufacturing in-house.
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Decarbonization Plus Acquisition Corporation III Swings For The Fences With Unproven EV Battery SPAC Merger